Investment Program

The Foundation for Appalachian Ohio has been created, organized and funded as a publicly supported, regional community foundation responsible for building, managing, growing and using permanent philanthropic endowment and current giving for charitable purposes.

Objective.
We have accepted responsibility for stewardship over financial resources and assets intended to serve public and charitable interests in our communities.  We view the Foundation's endowment as community-serving, public-interested, civic-dedicated philanthropic capital.  We feel we conserve, save and invest our endowment in the long- term interest of the communities, organizations and beneficiaries we were created to serve.  We are committed to using our invested capital and its earnings and income to respond to charitable needs and opportunities for philanthropic investment in our communities.

Means.
Thus, we view the Foundation's endowment and financial resources as a means to charitable ends.  As a consequence, financial management and investment policies, procedures and practices have been established to maximize our short- and long-term capacity for serving our communities, fulfilling our charitable purpose, and realizing our donors' philanthropic intent and vision.  We recognize the relationship between exercising responsible, prudent stewardship over our endowment and being a capable, credible source of philanthropic grants, service, and ideas in the counties and communities of Appalachian Ohio.

Scope.
The Policy Statement applies to those assets for which the Investment Managers and Agents, Custodians, President, and Board of Trustees have authority and responsibility.  Where assets are restricted, the financial management and investment policies for those funds may be described in separate individual agreements accompanying gifts to and/or establishing funds within the Foundation.  (These assets will most typically be grants or gifts from private foundations or governmental entities.) Where assets are unrestricted, these policies, procedures and practices guide discretionary authority given to investment managers and agents, custodians, foundation management, and the board  (These assets will most typically be gifts from individual and business donors.)

To request additional information regarding investment managers, fees and oversight, please Contact Foundation staff.